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2013 and earlier-Acura TL Lease Questions
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Yes, to the best of my knowledge the $2,000 dealer cash that Acura has been providing on TL Tech models is still available.
The last time that I checked, this models incentives were scheduled to run through September 8th. It's difficult to say what the lease program will be like on the 2010 TL will be like when it hits dealers.
Car_man
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As far as this car's payment goes, I just worked up a zero down, pre-tax payment on the model that you are interested in using the price that you mentioned in your post and I came up with $471.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
That being said, is $32,600 a fair sales price for a base TL?
G
Undoubtedly price varies by region somewhat, but can someone tell me if an offer from a Dallas dealer is an apples to apples comparison with one in Southern California?
WHAT ARE THE RESIDUAL VALUES AND MONEY FACTOR FOR A TL TECH AWD AND TL AWD NO TECH FOR THE MONTH OF AUGUST.I WHANT TO LEASE FOR 39 MONTHS AND 10,000 MILES.I LIVE IN NEW YORK CITY.
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
MSRP: $39,445
Sale Price: $36,484
36 months/15k year
$593.51/month with $1,310.83 due at delivery.
53% Residual
.00230 MF
5.10% Sales Tax
Very high! $36,336 is factory invoice according to www.truecar.com. Dealer cost is $33,205 according to www.truecar.com
I countered with a sales price of $32,991 and he said they won't even entertain the offer because they wouldn't make any money on the car.
Plus, the 2010's are coming out in September. I thought there would be more wiggle room with sales down 35% YTD and 2010's arriving next month.
You could lease a G37X (four wheel drive) for $50-$75 a month less.
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
$2500 down $486 a month
Knowing that I would never put money down is this a good deal ?
he told me these were fees which I do not believe ( does any one have the fees outlined and I also comming off a honda lease with intitles them credits correct ?
There is no discount for coming from a Honda lease. The fees are the same.
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
The up front fees were $2K which consisted of title, destination charge, first payment, and other crap like that. I'm sure some of it went toward some up front costs as well.
The upfront fees should be
Bank-$595
First month- amt is determined by the deal you worked out
Conveyance- pure dealer profit (some states dont chart one)
DMV-this amt is determined by your state
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
When negotiating your lease on this car, make sure to take the $2,000 dealer cash that is currently available on it into account.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Here's the information that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura TL Tech 2WD with 12,000 miles per year in New York are .00184 and 56%, respectively. The numbers for an otherwise identical lease of an '09 TL AWD without Tech are .00184 and 57%.
I provided you with the 36 month lease program instead of the 39 month program because Acura's lease support is only available for up to 36 months. If you were to go with a 39 month lease, you would have to pay a higher interest rate.
When negotiating your lease on either of these cars, make sure to take the $2,000 dealer cash that is available on Tech models and $1,000 on models without Tech into account.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
According to my calculations, if you were to lease a base 2009 Acura TL that has an MSRP $35,765 of and a selling price of $32,000 (which is very attractive BTW) through Honda Finance right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $410.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
4 year lease on an 06 TL ends in Oct. I currently have 106K milage which is more than double my allowance. I believe the residual value on the car was set at around $17k when the lease ends. The car is still in good shape and I wouldnt mind buying it but do you think there is a better option instead? (are the dealers cutting any deals on these type of cars to get newer ones sold? etc...) Any thoughts are appreciated.
Thanks!
Greg in Phoenix
MSRP $42,235
+ 19" Diamond cut wheels - $2360 + Tires - $1243 + install labor = $3800
+Front, side, rear underbody spoiler - $360, $460,$360 + install labor = $1600
+destination - $810
_________________________
Total MSRP = $48,445
I want to sign tomorrow for the following deal.
Selling price = $43,000 including all options
24 month 15,000 mile lease = $980 per month
36 month 15,000 mile lease = $789 per month
both would be 1st payment and doc and reg fees only
Hi, A local dealer, DCH Acura in Temecula, California, offered following lease "deal" on '09 TL Tech: Cash price $35k, with a $2,199 "Cap Reduction" for adjusted cap cost of $32.8k. $4,000 down, 36 mo lease at $399 plus tax = $435/month. Only 10k miles. Residual cost is $22,100, with a factor of 56%, with the money rate at 0.00184.
Sounds like a hose job to me. What do YOU think???
Thanks!!!
Manixxx
Because you pay for the use of a vehicle during a lease, you should put as little money down as possible, up front. Although putting money down can lower your lease payments (by reducing your capitalized cost) in most cases it cannot be regained in the event of early termination due to a loss.
For example, a customer once leased a Toyota 4Runner and put $3,000 down as a cap reduction. Five months later the vehicle was totaled in an accident. The client's insurance paid its portion of the lease payoff and Gap Insurance paid the balance. Our client walked away with only paying his insurance deductible but he did not get reimbursed for his initial down payment of $3,000. It was lost.
The moral of this true story is to put as little money down as possible,ideally no money down. Here are some other things to consider:
- Money down is taxable
- Take the money you would have put down and invest it
- Put your down payment in a savings account and use a portion each month to help make your lease payment
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
Basque Red Pearl (almost Wine colored)
Taupe Interior
MSRP: $39,495 (has Pro Pack added which we really didn't care for & they threw it in = Mud guards, wheel locks & trunk liner - BIG Whoop)
Cap Cost = $34,237.00 (Included the 2K in trunk/incentive money)
Cap cost Reduction: $1,783.50
Adjusted Cap cost $33,048.50
Acquision fee: $595.00 (inc in adj cap cost)
Dealer doc fee: $45
Cali tire fee $8.75
T,T & L: $706.85
1st Month's payment = $455.90
($415.40 + $40.50 in California 9.75% tax for LA county)
TOTAL out of pocket (Driveoff) = $3,000 (see above for breakdown)
MF = .00184 (Tier 1 and/or Super preferred tier thru Honda Finance)
55% residual ($21,722.25)
12K yr/36 month term
Got it from the internet dept of KEYS ACURA in VAN NUYS, CA
One of the easiest & most pleasurable (if you can even use that in the same sentence) car buying experiences.
Good luck to all others as inventory is dwindling quickly!!
a few months ago i saw a similar add at vipauto.it was for a AWD non tech for 480.00 a month with zero down. just pay taxes and fees.a friend of mine told me
i was better off leasing from honda.when u return the car back to acura they give an allowance of 1,500 either to use towards your new lease or to be used on the ware and tareof the car.
Go to curry acura in scarsdale ny.i leased a tech non awd with 10k miles a year
36 months 1,676 out of pocket.my monthly payments are 485.00.
this is the best i could do,i worked directly with a manager and did not see a sales person.my payments are a little higher than what vipauto quated you but i put less money down.remember the less money u put down the better.
the name of the sales manager is jim
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Let's take a look at the selling price that you were quoted. The dealer invoice price of a 2009 Acura TL Tech 2WD is $36,366. If one subtracts the $2,000 dealer cash that Acura is currently providing on this car from that, it drops to $34,366. A selling price of $35,000 is a little over $600 over dealer invoice, which is a pretty good deal, particularly when it is paired with the lowest possible money factor...which you mentioned that the dealer is giving you.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Enjoy your new ride :shades: !
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
The dealer called me today to tell me that the cars were built but that Acura had made these 2010s and therefore the $2000 dealer incentive was gone (since it was only on 2009s). They told me the residual went up (which is good for my lease price) but the money factor had gone up significantly and therefore increased my price on the car...by about 40 bucks/month
I have 2 Questions:
First, has anybody else gotten this story and second if the money factor on leases did indeed change this year...(2010 models)?
thanks for your help!
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
The dealerships look empty
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
and residual of 53 percent for 36/12k lease. The sale price for TL w/tech is 32993
quote 499 tax included(9.75 percent) with 1013 drive off
I don't see any car comparable for me to lease, I would like to lease a SUV, but with Acura nothing seems to be reasonable. I am only paying $349 a mo, so everything else seems very inflated. I thought about buying used, but never have gone that route and it makes me just as nervous. I have heard people buy their car at lease end b/c of excess mileage but don't really hear the other way around. Would love to get some input, thanks!
I got an email today from a dealer in SE Michigan ... he said that for a 36 month, 10,000 mile/yr lease on a base TL, the residual is 57% and the MF is .00150 ... those sound like pretty good numbers given the prior posts on here. I have not gone in or talked about the cap cost with the dealer, which will obviously play a big role in a lease payment. Q1) What would be a reasonable cap cost for a base TL? I trust that if it is somewhere right around invoice less the $2,000 incentive I should jump on it (assuming there are no other "surprises")? Q2) My current lease on a saab 93 runs until Thanksgiving, and I am willing to eat the last 2 payments -- the question is when does Acura generally stop leasing the prior year models? how big of a risk is it that if I wait they won't lease an 09 in October/November? Thx.